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LatentView Analytics Revenue Soars 14% in Q2 FY27
1 Nov
Summary
- LatentView Analytics reported a 14% year-over-year revenue increase to ₹294 crore.
- Consolidated net profit grew 6% to ₹48.4 crore in the quarter ended September 2026.
- AI solutions are significantly contributing to business efficiency and client adoption.
LatentView Analytics, based in Chennai, announced a significant financial performance for the second quarter of fiscal year 2027. The company reported a 14% increase in revenue compared to the same period last year, bringing in ₹294 crore. This rise in revenue was complemented by a 6% growth in consolidated net profit, which stood at ₹48.4 crore for the quarter ending September 2026.
CEO Sonal Ramrakhiani expressed pleasure with the company's return to a growth trajectory, noting a 2% sequential revenue increase in dollar terms. Growth was broad-based, with the Automotive business leading, supported by steady contributions from Financial Services and CPG & Retail. The strategic integration of AI across its operations is enhancing efficiency and productivity.
Looking ahead, LatentView anticipates potential short-term headwinds due to macroeconomic sentiment and the technology sector. Industry verticals contributing to revenue include Technology (55%), Financial Services (21%), Retail & CPG (15%), and Industrial & others (9%). North America remains the dominant market, accounting for 89% of revenue.
